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Massachusetts Financial Services and Prudential PLC cut their stakes in CSX, despite the company's strong financial metrics.
Massachusetts Financial Services Co. and Prudential PLC both reduced their holdings in CSX Co. in the fourth quarter.
CSX's stock is currently valued at $51.28 billion, with a "Moderate Buy" consensus rating and a price target of $36.20.
The company reported a strong return on equity of 28.15% and a net margin of 23.95% in its latest earnings report.
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Massachusetts Financial Services y Prudential PLC cortaron sus participaciones en CSX, a pesar de las fuertes métricas financieras de la compañía.